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Increase in Authorized Capital from Rs 36 Crores to Rs 120 Crores- Dec/24/2007.
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| The Company has subject to approved member, has approved issue of 40 lakhs warrants to promoters on preferential allotment basis. Increase in authorized capital of the company from Rs 36 crore to Rs 120 crores further raising of funds by way of another GDR to the tune US$20million. The board called for EGM of the members on 28 January 2008 to seek approval members. These decisions were taken at the board meeting held on 24 December 2007. EGM of members will be held on 28th to seek approval for above.
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